How to work with the PayPal payment system: from registration to withdrawal of funds. What is PayPal and how to use it: from A to Z

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Since 2011, replenishing an account in the PayPal payment system from a linked bank card has been legalized in Russia. Two years later, in 2013, it became possible to make payments in rubles, and you can also withdraw funds by transferring them to your own account in Russian banks, without commission. These changes have led to the fact that more and more often online stores have the opportunity to pay for goods in this electronic currency. The PayPal system is great for paying for goods purchased in foreign online stores, or, for example, at the eBay auction.

So, PayPal: how to use it? What are the advantages of this system and why more and more Russians want to use this service? If we talk about gaining popularity, there are quite a few reasons, here are some of them:

for making a payment, the system does not charge a commission from the sender; the commission is paid by the recipient, for example, in the case of purchasing goods through an online store, the latter will do this. The system commission is paid only if the money is taken not from the account, but from the linked bank card;
the system creates a very important guarantee for the buyer - money is transferred to the seller’s account only after the purchased product is delivered;
to implement feedback there is such a thing as a dispute, with the help of which, within 45 days from the date of purchase of the goods, you can speak out regarding poor quality product or other defects.

Payment limits, withdrawal restrictions

For citizens former USSR The PayPal payment system sets a limit on one-time payments. It can vary, the minimum limit is $50. As you can see, such a limit is not enough to purchase goods even in Chinese store. On this moment V Russian Federation the amount increased to 15 thousand rubles at a time and to 40 thousand per month. For withdrawal Money When making payments, PayPal does not charge a commission. Minimum amount withdrawal is 300 rubles.

The system has a special tab “My Account”, with which you can find out all the current restrictions.

Registration

Registration - quite simple procedure. Step by step it looks like this:

go to page;
click on the “register” button;
select the country - Russia, interface language (optional, you should be guided by the criterion of convenience), click the “open account” button;

Attention: the system prompts the user to independently select the account type. You can choose from “PayPal personal” or “PayPal corporate”. The best option is for business, but Pay Pall in Russia makes using this type of account fraught with a number of problems. That is why it is recommended to choose a “PayPal personal” account;

the system will ask you to enter personal data. Of course, you can enter fictitious ones, but if you intend to use the system for serious purposes, it is better to enter data that corresponds to reality.

PayPal takes security very seriously. For this reason, in some cases, one of the grounds for blocking an account is that the user logs into the system from different IP addresses. The PayPal payment system regards exiting from another address as suspicious activity, and the account is blocked. Unblocking is possible, but you will need to send a scanned passport. The information from the scanned passport will be compared with those specified by the user during registration. If there are no matches, account unlocking will be denied. If access is restored, it is recommended to access the site using type-in (direct access to the site) or through a bookmark in the browser. This technique will serve as a kind of protection against phishing.

When registering, all data is entered in Latin. So this is:

Don’t neglect the opportunity to immediately link a payment card to your account. It’s best to do this right away to eliminate the limit on one-time payment. Can be used upon registration payment card(debit or credit) if there are at least a few dollars on it. In case you don’t have a payment card at the time of registration, you can skip the item regarding the card and add data to your account after it appears.

When registering, you are asked to enter CSC - these are three numbers located on back side cards;

the next step is to click the “I agree and open an account” button;
You will receive a letter by email, which you need to open and follow the link contained in it;
email verification completed.

Now let's talk about how to use PayPal in Russia. In particular, we will touch upon the issues of verification and conversion.

Payment card verification

Let us now consider the procedure for verifying a PayPal payment card. To begin with, a sum of money equal to two US dollars will be withdrawn from the card. What happens to this money afterwards? They will be credited to the balance of the account registered in the system.

Subsequently, it is necessary to check the movement of funds. This can be done either through a bank or through the Internet banking system. It is important to pay attention Special attention to the first 4 digits located before “PayPal”. These numbers will allow you to verify your payment card.

After this you need to log into your account. To log in, the user uses the data that was specified at the time of registration. In the account itself, a new notification will appear in the right menu: “connect and confirm my debit or credit card».

The further procedure is as follows:

if the payment card was linked to the account at the time of registration, then the user will only need to double-check all the data;
if the binding has not yet been carried out, then the user fills in all the necessary data and clicks “Save and continue”. After this, a certain amount of money will be withdrawn from the card.

How long does the verification procedure take? A couple of days. However, when using the Internet banking system, everything happens a little more quickly. After the transaction is confirmed (and for this you enter a four-digit number, discussed above), the card is verified.

How do you know that verification has occurred? When logging into an account, the user will see that he has been assigned the “Verified” status. In addition, a corresponding notification will be received immediately after verification.
It should also be noted that the PayPal payment system in Russia allows you to make payments not only using a payment card linked to your account, but also using a bank account. By the way, implementation money transfers through the system is somewhat different from the usual procedure: you do not need to indicate a whole series of details, you just need to know the address Email recipient, because this is also a login for logging into the system.

Currency conversion

Many users note that when making payments through the PayPal payment system, quite a lot of large percentage. Indeed, each transaction involving currency conversion through PayPal is associated with the withdrawal of certain amounts of interest. These amounts often cause dissatisfaction. But the payment system allows you to use another conversion option.

To set up, you need to go to your Profile, find the “My Finances” tab there and go to it. After this, the user must select the option “My pre-approved payments”. It has a “Refresh” button, clicking on which takes you to another page. After the transition, you need to select “Set available funding sources.” As a result, the user will see a window with a list of all his payment cards. There you will need to select a conversion option: through PayPal or conversion of Visa and MasterCard systems.

Now we see how PayPal works. This system has both pros and cons. One thing is clear: PayPal is gradually gaining popularity. And in the future, the growth in the number of users will not slow down.

Dynamically developing Internet network and means ecommerce, brought into our lives a rather new concept - electronic money. For another 10 years, few people could believe that it would be possible to buy something on the Internet and at the same time pay with virtual currency. But now electronic money has become a part of our lives. Yandex Money, Qiwi, Web Money - the name of these payment services no longer comes as a surprise to many network users. Annual turnover amounts to hundreds of millions of dollars, and this figure is growing inexorably.

Shopping in online stores is convenient, profitable, and fast. I think that no one will argue with this thesis. But domestic online stores are not always able to satisfy the needs of customers, and then we have to look towards trading platforms in the USA and Europe. And here one problem arises - how to pay for the goods? A few of them work with Russian payment systems, but most prefer PayPal. Just today we will talk about what PayPal is, where this payment system came from, and why PayPal is so popular in Europe, the USA, and throughout the world.

PayPal - getting to know the new payment system

PayPal (translated from English as “a friend who helps you pay”) is currently the largest and most famous operator electronic payments in the world. Hundreds of millions of people make online purchases using PayPal every day. But where did it all start?

The company was founded in March 2000 by a group of students, among whom was an immigrant from the USSR, Max Levchin. From the first months PayPal works began servicing auctions held on eBay. In less than a few months, PayPal was already working with a million auctions, offering people to pay for services through their payment system. Such rapid growth could not be ignored, and in 2002 an agreement was signed according to which eBay inc. bought the rights to PayPal, and since then more than 50% of all eBay auctions are paid using PayPal.

In 2013, it was possible to use the services of the payment system in 198 countries around the world. At the same time, the company operates in 29 national currencies of different countries. Not long ago, the number of registered PayPal users exceeded 200 million people. The incredible pace of development of this payment system forced many competitors to close their companies and leave the market. PayPal is the undoubted leader in the world online payments, and this leader is coming to us.

PayPal recently came to Russia, and many Russian sellers and buyers who prefer foreign internet stores and auctions were able to legally withdraw and deposit money into their PayPal account. Previously, everything was done through third parties, who asked for a large commission for cashing out. But now these “troubled” times are a thing of the past.

Due to the fact that PayPal opened its representative office in Russia, there was a need to study the payment system in more detail, understand its advantages over others, and understand the opportunities that open up through the use of PayPal.

PayPal: reasons for popularity and rapid development

Undoubtedly, PayPal has a number of advantages, thanks to which 200 million users around the world use this payment system. Among them are:

Globality

The most important advantage of PayPal is its global nature. Wherever you are, with only access to the Internet, you can pay for goods in an online store from the USA or China in a matter of seconds. PayPal provides a wide range of opportunities for its users, and regularly introduces new products to its service and functionality.

Convenience and speed

Speed and ease of use is another PayPal trump card. All your data is already in the system, and you do not need to enter your full name, account numbers, and confirmation codes each time. Everything is done as simply and quickly as possible, so that the buyer can pay for the goods without bothering with payment system.

Safety

Security comes third on the list of PayPal benefits, but this does not mean at all that it is third in importance. The company devotes the most time to security issues, because everyone understands that clients trust PayPal with hundreds of millions of dollars, and if even once a major leak occurs, then the authority will be undermined once and for all. Who wants to use a payment system that can steal your money?

We can say that the company's management is obsessed with security, and is constantly introducing more and more new mechanisms to protect personal data. Some users complain that there are a lot of protection methods, and they interfere with quickly working and making purchases. But let better person will suffer 20 seconds of inconvenience rather than lose everything that is on the electronic wallets.

PayPal also acts as an arbiter and resolves controversial financial issues that arise among users of the system. If a person proves that he was deceived and he paid via PayPal, but did not receive the goods or agreed services, then the company will return the amount spent from the fraudster’s account. If there is no money in the account, PayPal will compensate everything at its own expense.

PayPal and eBay

The fourth advantage of the PayPal payment system is that about 90% of all auctions are paid through it. This is not surprising, because the most popular auction in the world was bought by PayPal back in 2002, tying all payments to it.

IN Lately The popularity of eBay, which has a presence in 30 countries around the world, is growing, and the number of PayPal users is correspondingly increasing. The payment system is expanding into new countries every day and conquering large markets. PayPal recently started operating in Russia, but faced great competition from Yandex Money, and especially Web Money.

Official status

Although PayPal does not position itself as a bank, it has all the attributes of a financial institution. In the US, PayPal is regulated by the Banking Act. It is this factor that distinguishes PayPal from other payment systems that are not related to real money, and this limits their functionality when working with foreign online stores. What does it mean? With PayPal, you have real dollars (or the currency of your country) in your account, and in other payment systems, your wallets contain title units that can be converted into currency. But the signs themselves are not currency, they are just a number that has no value.

PayPal offers a powerful, comprehensive financial instrument where all transactions are carried out with real, “live” money. You "attach" to your PayPal account you have a payment card (or several), a bank account, you can automatically top up your PayPal balance or withdraw money at any time, and even if you sell something, you can accept payments from customers directly from their payment cards (they do not need to have PayPal account) and much, much more. By the way, PayPal works closely with fiscal authorities, transmitting to them information about payments received by the user.

Innovation

Everything that you are used to using in domestic payment systems was borrowed from abroad. PayPal is an innovator in the world of online payments, and all the newest and most convenient features are developed by this company.

PayPal was the first in the world to revolutionize mobile payments, offering its users to make instant payments using mobile phones. With this service you can pay anywhere and always with only mobile phone. This technology Several large banks in Russia and Ukraine have already picked up the idea.

PayPal payment system: how to use?

There is a small minus here. In each country, PayPal offers a different set of services and features available to registered users. Residents of the USA have the widest opportunities, because it is there that all new products and innovations are tested before being released to the rest of the world. A lot of functionality is available to residents of Europe, Australia and China. Unfortunately, the set of functions for users from post-Soviet countries is minimal, or very close to it.

This is due, first of all, to the fact that goods from stores in the USA and Europe are not so widely in demand here. Plus, the electronic payments market has been dominated for many years by other giants, which PayPal will have a hard time ousting from the RuNet.

How much does it cost to usePayPal?

Opening and using an account is absolutely free. There is also no charge for sending money. However, it is worth noting that the bank where the account is opened can take a small percentage. As a rule, this is a commission for converting and sending currency. PayPal services are paid by the one who receives the funds (unlike Web Money, where the one who sends the money pays).

We cannot give the exact amount of commissions, because it varies based on many factors: account type, amount, geographical location of the recipient and sender, etc. You can find out more about the commission percentage on the official PayPal website.

Which to choosee-mail forPayPal

When registering with PayPal, you need to provide an email address. We advise you not to use free services that provide the opportunity to register a mailbox. First of all, this is related to safety. If you want to be as confident as possible that your money will remain safe and sound, then set up an email account on Gmail or other reliable services.

Without payment systems, it would be impossible to develop the e-commerce market either in our country or in any other country in the world. Currently, the choice of payment systems in Russia is quite large, and in the world it is simply huge.

PayPal is the largest payment system of all existing ones, covering customers in 202 countries, and the total number of transactions carried out in 2016 exceeded 5 billion. We can safely conclude that great amount people and financial organizations choose this particular payment system, trusting it with their money.

The company's developers claim that PayPal's security system is one of the most secure in the market of electronic payments and transfers. It’s easy to agree with this, because the company has created Buyer Protection Program, where a client who has not received his product or it turns out to be of poor quality can open a dispute within six months from the date of payment.

The fact that security comes first in the company's policy also has one drawback - at any slightest suspicion, the account frozen for inspection, taking up to 180 days, as a result of which the account may be blocked forever and funds blocked for withdrawal.

If you have any questions, you can contact PayPal support for Russian speaking clients by number:

8 800 333 2676

The call to technical support is free for calls from mobile and landline phones.

Honest users do not have to worry, since the company most often requires a scan of their passport, registration or card linked to the account. For those who entered not fictitious data during registration, but real ones, this will not be a big problem.

A huge advantage when using the PayPal payment system is security of payment data. Unlike other systems, when paying for a product or service via PayPal, no electronic currency, A real money from an account or bank card. At the same time, the recipient of the transfer does not see the details of the card from which the funds were sent, and the buyer does not need to enter the card number and CVV code anywhere.

History of PayPal

A group of University of Illinois students, including a talented 23-year-old immigrant from the Ukrainian USSR Maximilian Levchin, having extensive experience in programming and startups, founded the company Confinity. The company planned to enter the market for servicing money transfers with instant confirmation.

In 1998, the founders received interesting offer from the Internet company X.com and management decided to merge and create a new brand called PayPal.

Verbatim, PayPal(“paypal” or “paypal”) - means “ a friend who will help you pay". The abbreviation fully justifies its original purpose.

The newly created company set a course to ensure the financial activities of online trading platforms. The company has become the main partner of PayPal eBay, and already in the first months of operation, more than a million lots were offered to be paid through the new payment system.

In the third quarter of 2002, PayPal Inc. finally strengthened trust among auction users and eBay purchased PayPal for an amount of more than 1 billion US dollars.

PayPal currently

The company has literally captured the global market for transfers and electronic payments. Every year the number of partners in different countries world is only growing, leaving competitors behind.

With the number of partners, the company’s turnover also grows, while safety requirements are becoming more strict.

PayPal is currently available in more than 200 countries worldwide
Sellers can receive funds from buyers in 98 world currencies
Service services are available in English, Spanish, Arabic, Russian and other languages

Payments and transfers within the system are carried out in 25 major currencies, and the sending currency may differ from the receiving currency. The exchange is made at the company's rate, which is usually worse than the official rate.

How PayPal works

Every new client systems should create your account, and available services depend on the country of registration. Also, the fee for using the service is different.

Login in the system is user email, so PayPal recommends using paid postal services when registering an account. The recommendation is not mandatory. After completing the registration procedure, verification and confirmation of e-mail, the new client will be able to fully use the service.

In addition to the country, the address of residence is also indicated. It is to this address that they will deliver purchases, paid via PayPal. The address can be changed, but in order to avoid blocking the account, it is not recommended to do this too often.

For most countries, the amount in the account is unlimited, but for certain countries, including Russia, Ukraine and Belarus, the maximum account balance is $500. For the balance on a card connected to PayPal account There are no limits.

Using PayPal - free of charge. The commission is charged to the seller or recipient of the transfer and depends on the country of its registration.

PayPal's main income comes from currency exchange differences, as the company uses its own exchange rate. Banks or other financial institutions are not involved in the exchange.

Unused user funds are stored in an account with a partner bank, and everyone is insured against fraudulent use of funds.

In the United States, PayPal has been designated as a financial institution and is required to comply with all relevant laws. In Europe, the system has the status of a bank, which obliges it to carry out banking activities in accordance with the rules.

PayPal Customer Account Features

Each verified user is given the opportunity to:

Send transfers other PayPal account holders.
Make payments for purchases on partner sites.
Pay for goods on eBay.

Moreover, payment is possible:

from PayPal account
from a linked and verified bank card
from a bank account

For clients from the USA, Russia and some other countries, it is possible to receive funds to an account or a bank account, which allows you to sell on eBay.

There are only 2 types of accounts available for opening:

Personal account. A regular account for individuals to make payments online for goods and services. Also, transfers within Russia and the world are available. There are no restrictions on the amount of purchases or transfers for US registered customers. For Russia - no more than $500 per month.
Corporate account. An offer for business, regardless of the size of the company. You will be able to issue invoices to customers and receive payment for purchases on your site. In order to register a corporate account you will need a TIN.

How to use PayPal for Russian clients

In 2012 the company received a license non-bank credit organization, and from that moment on PayPal provided users from Russia with all available options.

Before this, Russians could only use their own account to pay or pay for goods using a card. If for any reason the funds were returned to the account, then the money could not be withdrawn, but could only be used to pay with it again in some online store.

Registration procedure available in Russian from start to finish. Also, the entire account interface is completely Russified. If you have any difficulties, you can contact hotline for clients from Russia.

To withdraw funds to a Russian bank account, you need to link your card. The procedure is quite simple and straightforward, and is described in the article.

In Russia, payments via PayPal are accepted by more than 1,000 partner stores, including Ozon.Travel, Lamoda and OK. The payment process is simple and is carried out in rubles.

You can top up your account even without linking a card through communication salons "Euroset" and "Svyaznoy", which is undoubtedly very convenient.

Currently, the PayPal electronic payment system is confidently gaining momentum, and is rightfully considered the most popular in the world. It opens up broad horizons for using funds from a payment card or bank account to purchase goods in online stores and transfer them to other users. Thanks to its ease of use, reliability and security, more and more Russian citizens are trying to use the PayPal system. That is why it makes sense to dwell in more detail on the process of opening a user account in the Russian Federation, which is carried out completely free of charge.

Instructions for registering a PayPal account

The PayPal system opens up wide opportunities for the user to use their financial resources in virtual space. Mainly, it allows you to bargain purchases in foreign online stores and on global trading platforms, the main one of which is undoubtedly the eBay auction. Making payments from a PayPal account, as well as registering it, are completely free.

To open your account in electronic system payments to Russian citizens will require:

Payment, the account of which must have at least 5-7 US dollars or an equivalent amount in another currency;
E-mail address.

Of course, the owner of a PayPal account can also be registered using the standard email address provided by free services, however, the system security service treats them with caution. That is why it makes sense to register a paid Mailbox with an address like: [email protected].

After both conditions are met, you must go to the official website of the payment system www.paypal.com and in the right top corner immediately determine desired language interface, then click the “Register” button.

The system will redirect the user to the next page, where he will be asked to select the type of account to be created, namely for an individual or for an organization. Then you will need to click the “Open Account” button.

On the account opening page you will be offered fields for entering personal data:

Email addresses and user-created password;
First name, last name, patronymic and date of birth;
Postal address, including street, house number, city, country and region of residence;
Phone number including country code and city of residence.

All data must be truthful and up to date. In addition, they should be entered in Latin.

After filling in the required fields, the system prompts the user to indicate the details of a Russian citizen’s payment card, which will be linked to PayPal, namely the number, expiration date and CSC or verification code - the last three digits with reverse side cards. However, you can temporarily skip this registration step by unchecking the corresponding box. This is appropriate to do if there are no funds in the user’s account. Accordingly, the process should continue as soon as the required amount (a few US dollars) is transferred to the balance.

It should be noted that if the user already has an account within the eBay auction, then it is advisable to ensure that the user’s personal data in both places matches, including email, last name, first name and login. This will greatly simplify the process of working with PayPal.

The last step in registering an account is accepting user agreement and privacy policy, for which you need to click the “I agree to open an account” button.

PayPal account verification

In order to protect user accounts from illegal and fraudulent activities, the system involves several actions that allow you to verify your account.

Firstly, you will need to confirm your e-mail address, which was recorded during the registration process. To do this in your email box you need to find a letter with the subject “Activate your PayPal account!”. It contains a link, clicking on which is an act of account verification. When you go to the site, you will have to enter the registered password again: this is how the system verifies the user.

At the bottom of the page there is a “Request” button new number confirmation", which is provided in case the user has not received any emails from PayPal.

Secondly, it is necessary to verify the payment card, namely to confirm what exactly this user is the owner of the attached card. This process is also quite simple. At first. You must agree to withdraw funds from the card in the amount of $1.95 as a kind of deposit. Subsequently, these funds will be returned to the user.

In the statement of card transactions, you need to find the completed payment and enter its code in a special window on the PayPal website. The code should be 4 digits and look something like this: 0123PayPal - *EXPUSE.

According to many users, verification is best done immediately after registering a PayPal account. As a rule, there are no difficulties in this process.

Thus, using the PayPal service opens up wide opportunities for Internet users in Russia, and besides, registering a PayPal account itself seems simpler and more convenient than most other electronic payment systems.

Since its inception, money has come a long way. At first there were natural goods, then they were gradually replaced by silver and gold, which later evolved into bars and coins. They were replaced by paper money, backed up by checks, and then non-cash payments appeared. We live in a world that is constantly changing; apparently, a new milestone has arrived in the development of money - now dominance is gradually shifting to electronic money. Many systems dealing with this type of currency have recently appeared, one of them is PayPal, which is currently being deployed in Russia. What is PayPal and how to use it? How is it so significantly different from the same WebMoney and Yandex.Money? Are there any advantages? Let's try to understand together.

Why did he come to us?

According to research conducted by PayPal, Russians are increasingly buying from online stores using electronic money. Another payment option is bank cards, that's all more people are abandoning their usual cash in favor of more modern methods. Thus, the emergence of another payment system in Russia was a matter of time.

And is he really popular?

The question of where PayPal is used can be answered briefly: everywhere. It appeared in America at the beginning of the 2000s as an innovative payment system project tied to an email address. PayPal was later acquired by such a giant as eBay, so it is likely that this was the reason for its rapid development - nevertheless, the status of a subsidiary of one of the truly world-class online stores gives a lot, very much.

How it works?

How to use the PayPal payment system? First you need to get acquainted with the mechanism of its operation. When registering on the server, you must specify the email address to which the account will be linked, and payment bank card details (for comparison: WebMoney system requires only passport data). When making a payment, the online store will contact your PayPal account, and after requesting confirmation, it will transfer the money to the appropriate account. Everything is extremely simple. The main idea of the system is to unite maximum amount credit cards, roughly speaking, into one. That is why the answer to the question of PayPal customers: “How to use without a card?” there will be a simple and laconic “no way”: the system needs to get funds from somewhere.

Is it possible to register?

We continue to answer the question of what PayPal is and how to use it. Let's get acquainted with the registration procedure in the system.

It all starts with choosing a region and account status. Personal account- this is the one that will be used individual, corporate is intended for companies, online stores and others legal entities. The system prompts you to enter basic information about yourself, such as date and place of birth, email address (to which the account will be linked), and current home address. Then PayPal asks how you are going to pay for your purchases: here you select the type of your bank card (MasterCard, Visa, etc.) and enter information about it. Just a couple of years ago, very few people knew how to use PayPal in Russia, but now that the system is officially legalized, ruble cards can also be linked to it, then all invoices will be issued in Russian rubles. The company works with more than a hundred currencies of the world, which it exchanges within its system, so if you wish, you can switch to paying in dollars, euros or another currency convenient for you.

The next stage of registration is card confirmation. To verify information about your account, PayPal will debit an amount that is a multiple of one US dollar, and the account statement will contain a special four-digit code as a comment to the transaction, which is a confirmation. As soon as you enter it into PayPal, the debited dollar is returned to your account, and you become a full user of the system electronic money. Please note: the username you enter into PayPal must match the account holder of the bank account you want to link to, otherwise all payments will be declined.

How about withdrawing money?

PayPal “feeds” on money on bank cards, but the account can also be topped up with cash. But what to do with the withdrawal of funds? Is there any way to get them out of the system?

PayPal's official recognition as a non-bank organization gave the company the opportunity to work with the Russian ruble, both accepting it as a payment currency and issuing it to customers who were able to better understand what PayPal is and how to use it. A PayPal account, as mentioned above, can combine several cards. To withdraw funds to one of them, just select the card of the bank you need in the corresponding “Withdrawal of Funds” window, enter its details and, after waiting a few days for the multi-step confirmation procedure to go through, withdraw your funds. Everything ingenious is simple.

You can also get your hard-earned money from currency exchangers, but then you face a commission of 15% of the withdrawn amount. In addition, you can use online exchangers of PayPal money for the same WebMoney, but in in this case commission cannot be avoided either.

Unfortunately, there is currently a withdrawal limit in the system: you can withdraw no more than six hundred thousand at a time.

Won't they throw me away?

The system guarantees the security of its payments; everything is checked several times. If funds were debited from your account without your knowledge, PayPal will immediately block your card, figure out what the problem is, and return the money. If the transaction is completed by you, but the service was never provided, then the administration of the system assumes obligations to resolve the conflict situation.

What about bonuses?

Of course, PayPal has its bonuses. Some stores, such as Ozon.ru, for example, from time to time offer discounts when paying through this system. Partner sites may return some of the funds spent on the purchase of goods or services back to the card or offer you participation in various prize draws. In principle, everything is the same as with a regular bank card, which also includes a certain package of “amenities” from partners.

conclusions

So, what is PayPal and how to use it? Firstly, you should remember that this payment system is tied to bank card, therefore, it is almost impossible to “throw” it - the funds will almost certainly be returned to the client, and the violator of the rules will be punished (moreover, such fraud is also punishable by law in Russia). Secondly, one of the advantages of PayPal is the ability to withdraw money to any card without fees, although not very quickly, but the reason for this slowness is the desire to protect users as much as possible from unauthorized payments. And the third bonus is the opportunity to receive a number of discounts when paying for goods and services on partner sites. It's a small thing, but nice.

In the twenty-first century, it’s time to forget what paper money is. The future is cashless. And with PayPal it has become even closer.